Nike is a safe stock to bet on if you are an options swing trader like myself. It has just hit resistance on the 45min while the MACD shows an upward trend and increase in bull strength. We are in a bull market and calls are much safer than puts for any stock.
I have lost a lot of money on puts, even on stocks with the highest RSI and strongest sell signals across all indicators. Check out my ROKU publication and you will know what I am talking about.
My question to all my followers, and those who see this because you are watching Nike.
Why are markets soaring so high? What is the cause of such a strong bull run? Where is this money coming from?
All this from a cure to Covid? A virus that the media has reported so strongly and ingrained fear into everyone, even though the common flu is just as deadly, and the annual death rate has remained constant compared to previous years.
Where is this coming from?
I have lost a lot of money on puts, even on stocks with the highest RSI and strongest sell signals across all indicators. Check out my ROKU publication and you will know what I am talking about.
My question to all my followers, and those who see this because you are watching Nike.
Why are markets soaring so high? What is the cause of such a strong bull run? Where is this money coming from?
All this from a cure to Covid? A virus that the media has reported so strongly and ingrained fear into everyone, even though the common flu is just as deadly, and the annual death rate has remained constant compared to previous years.
Where is this coming from?